October 27, 2008
Reno, Nev.-based Employers Holdings Inc., a provider of workers’ compensation insurance to small, U.S. businesses, will review the company’s third quarter 2008 financial results during a conference call and Web cast Friday, Nov. 7, 2008, at 10:30 a.m. PST. The …
October 24, 2008
The Bermuda-based Arch Capital Group Ltd. reported that net income available to common shareholders for the 2008 third quarter was $26.4 million, or $0.42 per share, compared to $199.7 million, or $2.76 per share, for the same quarter of 2007. …
October 24, 2008
Bermuda-based Montpelier Re Holdings Ltd. has reported an operating loss of $55 million (or $0.65 per share), which excludes net investment and foreign exchange gains and losses, income taxes and extraordinary gains, for the quarter ended September 30, 2008. The …
October 23, 2008
Bermuda-based Montpelier Re Holdings Ltd. expects to release its third quarter results after the market close today, October 23, 2008. The Company will host a conference call to discuss the results on October 24, 2008 at 8:30 a.m. Eastern Time. …
October 23, 2008
Bermuda’s Arch Capital Group expects to release its 2008 third quarter results after the close of regular stock market hours today, Thursday, October 23, 2008. The Company will hold a conference call for investors and analysts at 11:00 a.m. Eastern …
October 22, 2008
Bermuda-based Platinum Underwriters Holdings third quarter earnings report showed a net loss of $45.3 million, or $0.99 per basic common share. Platinum said the “results for the quarter are consistent with previously announced ultimate loss estimates from Hurricanes Gustav and …
October 22, 2008
Standard & Poor’s Ratings Services has affirmed its ‘AA-/A-1+’ counterparty credit ratings on both ING Groep N.V. and ING Verzekeringen N.V. S&P also affirmed its ‘AA/A-1+’ counterparty credit ratings on ING Bank N.V., and said that “the outlook on all …
October 22, 2008
The Bermuda-based Everest Re Group reported third quarter 2008 after-tax operating income, which excludes realized capital gains and losses, of $12.6 million, or $0.21 per share, compared to after-tax operating income of $232.5 million, or $3.68 per diluted share, in …
October 22, 2008
Large property insurer Travelers Cos. Inc. said some potential business opportunities have arisen from the troubles at its rival American International Group Inc., and that the rates it can charge for insurance may also harden partly as a result. Chief …
October 21, 2008
A new report from Willis agrees with the overall consensus that the general insurance sector has “seen limited impact from the current credit crisis, with carriers having relatively limited exposure to subprime investments and relatively few experiencing negative ratings actions.” …